As we work to complete our buildout and ramp-up of the world’s highest-output indoor vertical farm in Compton, we will shift all commercial production there. In 2023, we will be closing our South San Francisco facility. Our research & development facility in South San Francisco helped us expose the market to Plenty produce, but we have outgrown its capabilities.
While we will be winding down our South San Francisco farm, we will continue to have a strong presence in the SF Bay Area. We appreciate the many contributions of our South San Francisco team and are preserving as many roles as possible. There are a limited number of roles that will not continue, and we will support those team members with career placement opportunities as well as retention bonuses and severance packages.
These changes will enable us to continue making meaningful progress toward our mission to grow fresh food for everyone.